Tariff rate, applied, weighted mean, all products in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Tariff rate, applied, weighted mean, all products was 9.2% in 2022. ▼ Falling
Tariff rate, applied, weighted mean, all products in Saint Vincent and the Grenadines, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, applied, weighted mean, all products in Saint Vincent and the Grenadines is 9.2%, measured in 2022.
That represents a change of up 1.2% on the previous year and up 21.5% over ten years.
Over the whole period, tariff rate, applied, weighted mean, all products in Saint Vincent and the Grenadines peaked at 17.4% in 1996 and was at its lowest, 3.8%, in 2006.
Saint Vincent and the Grenadines ranks 45th of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Tariff rate, applied, weighted mean, all products in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 17.4% | — |
| 1999 | 15.8% | -9.3% |
| 2000 | 15.0% | -5.0% |
| 2001 | 12.5% | -16.9% |
| 2002 | 11.7% | -6.6% |
| 2003 | 11.8% | +0.7% |
| 2006 | 3.8% | -68.1% |
| 2007 | 9.0% | +140.8% |
| 2010 | 10.8% | +19.6% |
| 2011 | 10.2% | -5.1% |
| 2012 | 7.5% | -26.3% |
| 2013 | 7.5% | +0.0% |
| 2015 | 7.2% | -5.3% |
| 2016 | 9.2% | +28.5% |
| 2017 | 8.9% | -2.8% |
| 2018 | 8.9% | -0.1% |
| 2019 | 8.8% | -0.9% |
| 2020 | 9.0% | +1.5% |
| 2021 | 9.1% | +1.0% |
| 2022 | 9.2% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.6% | 15.8% | 17.4% | 2 |
| 2000s | 10.6% | 3.8% | 15.0% | 6 |
| 2010s | 8.8% | 7.2% | 10.8% | 9 |
| 2020s | 9.1% | 9.0% | 9.2% | 3 |
Countries ranked near Saint Vincent and the Grenadines
More private sector data for Saint Vincent and the Grenadines
- Merchandise trade 43.5% (2025)
- Food imports 26.0% (2023)
- Manufactures imports 61.3% (2023)
- Merchandise imports 509.00 million current US$ (2025)
- Food exports 72.5% (2023)
- Manufactures exports 26.6% (2023)
- Merchandise exports 37.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 370.28 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0295 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.09 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, all products in Saint Vincent and the Grenadines?
- Tariff rate, applied, weighted mean, all products in Saint Vincent and the Grenadines was 9.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, all products recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 17.4% in 1996.
- What is the lowest tariff rate, applied, weighted mean, all products recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 3.8% in 2006.
- How does Saint Vincent and the Grenadines rank for tariff rate, applied, weighted mean, all products?
- Saint Vincent and the Grenadines ranks 45th out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, all products rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 21.5%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, all products (%). Statizoid updates them automatically from the source API.
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About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.